
Turkey Cuts benchmark Interest Rate to 45%
This is Beirut, 23/01 16:25 - Reading : 1 minute(s)
Turkey's central bank on Thursday lowered its key interest rate to 45 percent after inflation weakened further last month, though it said prices could have started rising again in January. The move came after the central bank cut its rate for the first time in two years in December, saying its efforts to tame sky-high inflation were starting to ...